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Feb 23, 2013
02/13
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FBC
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economy and government used to be the model of lack of corruption. when you look at what we have with government sector unions, that is inherently corrupt. you look at pork barrel spending, and it is the definition of "corruptness," and they call it crony capitalism. i call it cronny governmentalism, and if you look at things like slyndra those are the poster child for that. finally, i think the leadership in this country and no disrespect -- i love my country, i'm, you know, i'm very patriotic and invested american, but the leadership here is just not sometng that i respect. the deviciveness, the rhetoric, the noise, all the rest of it. i guess i'm just a raging capitalist who believes in small government, less regulation, personal responsibility, and lack of victimization, and we don't need more than half of the country being handled by the safety net which is basically not a safety net. it's a -- it's a velcro. it's fly people. we need a trampoline forthe bottom one, two, or three personality, not a velcro dependency net for more than half of the
economy and government used to be the model of lack of corruption. when you look at what we have with government sector unions, that is inherently corrupt. you look at pork barrel spending, and it is the definition of "corruptness," and they call it crony capitalism. i call it cronny governmentalism, and if you look at things like slyndra those are the poster child for that. finally, i think the leadership in this country and no disrespect -- i love my country, i'm, you know, i'm very...
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Feb 23, 2013
02/13
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FOXNEWS
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. >> these cuts are not smart, they are not fair, they will hurt our economy, we will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction, people will lose their jobs. >> mr. obama staged in front of a group of first responders who he says are, their jobs are at risk. playing to the cameras there and beginning a dismal forecast for americans, should congress not act and should the automatic spending cuts take place on march 1st. the g.o.p. responded, today the president advanced an argument republicans have been making for a year and his sequester is the wrong way to cut spending, replacing the president's sequester will require a plan to cut spending that will put us on the path to a budget that's balanced in ten years, we keep the first responders on the job, what other spending is the president willing to cut? these staged events, is that influencing the coverage? >> i think it is. i think the president has what they call the bully pulpit and it's very powerful and it moves numbers on the voters polls, but when i moved back to washington, i
. >> these cuts are not smart, they are not fair, they will hurt our economy, we will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction, people will lose their jobs. >> mr. obama staged in front of a group of first responders who he says are, their jobs are at risk. playing to the cameras there and beginning a dismal forecast for americans, should congress not act and should the automatic spending cuts take place on march 1st. the g.o.p....
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Feb 23, 2013
02/13
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economy? >> the sequester is not just a cut back, but a very crude cut back, sort of just chop one finger off at every hand instead of letting somebody go. i think it was designed that way because the idea was this will force us to do something. but now they haven't. >> i'm starting to hear people in washington say, look, this is going to force some efficiencies in these agencies. they've had budgets that have been getting bigger and bigger for years, stimulus thrown into all different kind of safety net fund funds. maybe this is just tough medicine. >> it might force efficiencies into some agencies, though they really weren't planning for it, so they're having to do it pretty hectically. some agencies you don't want to cut. across the board cuts are a very crude way to run policy. do you want to cut your research and development, medical care, projects where you promised to pay and may end up losing a lot of money? the problem is it's so crude. they said, okay, this won't happen. we all know
economy? >> the sequester is not just a cut back, but a very crude cut back, sort of just chop one finger off at every hand instead of letting somebody go. i think it was designed that way because the idea was this will force us to do something. but now they haven't. >> i'm starting to hear people in washington say, look, this is going to force some efficiencies in these agencies. they've had budgets that have been getting bigger and bigger for years, stimulus thrown into all...
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Feb 23, 2013
02/13
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i start by asking about his concern for the level of debt-ridden economy many. >> i'm very concerned. we are the greatest nation in the world. we have got enormous assets and a lot of good people, yet we have this tremendous difficulty. the money we spend in wars, at least one of which we should not ever have been in. and i am a product of world war ii. i was in the united states marine corps in 1945 and a proud recipient of a gold medal i thought the way to survive was to be well trained, and the way to be retrained was to be a marine. i didn't know anything about the navy s.e.a.l.s or the army rangers. they may not have even had them in that day. i knew about the marine corps and in my up forniform, i lookee a boy scout. one of the smartest things i have ever done. >> you talk about the expense of war, having been in the shoes of somebody serving our country. once you're in it, you've got to spend it. >> oh, i don't disagree with that. the problem is, in some instances we shouldn't have been. colin powell made that statement of weapons of mass destruction, which was inaccurate. not
i start by asking about his concern for the level of debt-ridden economy many. >> i'm very concerned. we are the greatest nation in the world. we have got enormous assets and a lot of good people, yet we have this tremendous difficulty. the money we spend in wars, at least one of which we should not ever have been in. and i am a product of world war ii. i was in the united states marine corps in 1945 and a proud recipient of a gold medal i thought the way to survive was to be well...
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Feb 23, 2013
02/13
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secondly, our economy needs workers, we are in a global battle for capital and labor. and if we're going to have economic growth, which is the thing we need the most in this country today. if we're going to have economic growth after a deep recession and a very, very flat recovery, we need this labor. we not only need the high skill h-1 b labor in the technology world and science world that you hear so much about. we need agriculture labor, we need low-skill labor. and so if we want to see our economy grow we not only have to be more productive we have to have a larger work force. and our work force is not growing fast enough for us to have the kind of growth that we have you got. hundreds of thousands if not millions of jobs in america that are sitting here empty today, because there is nobody to do the jobs. some of those highly skilled, some of them not. >> governor rendell -- >> that is why this agreement, the agreement is so important, because we're not going to make this work economically for the country without a reasonable and responsible guest worker program.
secondly, our economy needs workers, we are in a global battle for capital and labor. and if we're going to have economic growth, which is the thing we need the most in this country today. if we're going to have economic growth after a deep recession and a very, very flat recovery, we need this labor. we not only need the high skill h-1 b labor in the technology world and science world that you hear so much about. we need agriculture labor, we need low-skill labor. and so if we want to see our...
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Feb 23, 2013
02/13
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economy, big part of the michigan economy, the ohio economy, midwest economy, and they learned to diversify during the crisis. so they are just getting back started. they're just getting back to health. what are we going to do now? we'll yank the carpet out from under them. >> fema, too. if we're looking at these cuts on the state level and we have sandy and we have all of these things happening when a state gets hit, then what? >> it's interesting, this language of the economy just starting to heal, just coming back together, just coming -- just recovering after a disaster. it does feel like here we have a patient who we've nurtured back to sort of minimal health but instead of kind of continuing to nurture that, providing more medication, we're like well, good luck with that, i'm taking your walker and meds. >> before they got cancer, they had a weight problem. now we have taken care of the tumor and now we will staple their stomach, threaten to chop their tongue off if they don't agree to go on some crazy fad diet. this is insane. we don't have a fiscal crisis. we have a political crisis
economy, big part of the michigan economy, the ohio economy, midwest economy, and they learned to diversify during the crisis. so they are just getting back started. they're just getting back to health. what are we going to do now? we'll yank the carpet out from under them. >> fema, too. if we're looking at these cuts on the state level and we have sandy and we have all of these things happening when a state gets hit, then what? >> it's interesting, this language of the economy just...
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Feb 23, 2013
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what's with the political economy of florida and pennsylvania, pennsylvania is actually a very old state. 600,000 people. it's a blue state. it has a republican governor, but in national elections, it votes quite reliable. how can you get away with this, i guess? what are the politics that the same hospital association folks aren't going to come and beat down this door? >> right now, the state has in-state senate are republican controlled. at the state level right now having re-elected overwhelmingly president obama in the last election. and i think what's been tough to understand in pennsylvania that governor corbett is really not sharing his analysis publicly. there's been reports issued with numbers in them, but we have not seen the data on some which of those analyses were based. in fairness, governors do have to make sure they have a balanced budget, particularly the first three year, essentially across the state, nothing. and very importantly, the law's written in such a way that should that federal fund going away, that governors can pull back on the expansion. so this is not a on
what's with the political economy of florida and pennsylvania, pennsylvania is actually a very old state. 600,000 people. it's a blue state. it has a republican governor, but in national elections, it votes quite reliable. how can you get away with this, i guess? what are the politics that the same hospital association folks aren't going to come and beat down this door? >> right now, the state has in-state senate are republican controlled. at the state level right now having re-elected...
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Feb 23, 2013
02/13
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deficit, no job creation, stagnant economy, nothing going on with the economy. we're spending time working on the golf game. lou: "new york times" has it, 7 hours of golf, elitist president, and boehner is -- >> it's the mainstream media. we have to go back to the grassroots and advocacy of the party. lou: what you just said, and i think you are exactly right, but you're saying the republican party has to go out and try to build up the membership and get its party going at the grassroots level. this is a party all they decided they needed was money and a few political connections
deficit, no job creation, stagnant economy, nothing going on with the economy. we're spending time working on the golf game. lou: "new york times" has it, 7 hours of golf, elitist president, and boehner is -- >> it's the mainstream media. we have to go back to the grassroots and advocacy of the party. lou: what you just said, and i think you are exactly right, but you're saying the republican party has to go out and try to build up the membership and get its party going at the...
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Feb 23, 2013
02/13
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you have the vibrant economy they will do well. but in terms was defined benefit plans. >> steve is not paying me for this but gets the last word again. >> coming up. is our surging debt putting your hoim security at risk? both republicans and democrats playing up the fire on budget cuts and can we make cuts without paying . cuts that won't put anyone at risk, coming up next great, everybody made it. we all work remoly so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. (announcer) scottrade knows our and invest their own way. with scottrade's smart text,
you have the vibrant economy they will do well. but in terms was defined benefit plans. >> steve is not paying me for this but gets the last word again. >> coming up. is our surging debt putting your hoim security at risk? both republicans and democrats playing up the fire on budget cuts and can we make cuts without paying . cuts that won't put anyone at risk, coming up next great, everybody made it. we all work remoly so this is a big deal, our first full team gathering! i wanted...
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you could that trickle down to the economy? >> when you talk about small businesses and how they'll be impacted by the sequester cuts you have to kind of take into consideration that there are 20 to 30 million small businesses. so people that are doing work in certain areas, certain regions or certain industries that might be affected by a government cutback, those people will be affected, but if you're a small business owner and the accountant and the lawyer, even, a lot of them aren't going to be seeing a whole lot of effect of any cuts coming out. >> let's take a look at what the white house had to say about that. they say, quote, the automatic cuts triggered by a sequester would reduce loan guarantees to small businesses by up to $102 million. what do you have to say about that effect? >> it could reduce loan guarantees and that's exactly right expect and that depends on small businesses looking for loans. we're still in a credit crunch right now. a lot of the businesses that i know and i write about that a lot of my client
you could that trickle down to the economy? >> when you talk about small businesses and how they'll be impacted by the sequester cuts you have to kind of take into consideration that there are 20 to 30 million small businesses. so people that are doing work in certain areas, certain regions or certain industries that might be affected by a government cutback, those people will be affected, but if you're a small business owner and the accountant and the lawyer, even, a lot of them aren't...
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Feb 23, 2013
02/13
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CNN
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. with the bing it on challenge to show google users what they've been missing on bing. let's bing it on. [fight bell: ding, ding] how many here are google users? what if i was to tell you that you would actually like bing way more than google when it came to the results? prove it. let's look up some taco places. i like the left side. yeah? okay, do we need to find out what the waves are like down at the beach? what side do you like better? i like the results on the right. i'm gonna go with the one on the left. oh! bing won! people prefer bing over goog
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much...
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Feb 23, 2013
02/13
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. the unemployment rate might tick up again. >> president obama used his bully pulpit this week to call on congress to avoid, get this, sequestration. that's washington nomenclature for automatic spending cuts due to go into effect on march 1, next friday. on that date, both military and domestic programs will feel the impact of the monumental $85 billion cuts slated for this year, 2013, alone. not only does the president condemn the cuts, but his administration is also sounding the alarm. first, the secretary of state. >> but in these days of the looming budget sequester that everyone actually wants to avoid, or most, we can't be strong in the world unless we are strong at home. my credibility as a diplomat, working to help other countries create order is strongest when america at least puts its own fiscal house in order, and that has to be now. >> next,
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. the unemployment rate might tick up again. >> president obama used his bully pulpit this week to call on congress to avoid, get this, sequestration. that's washington nomenclature for automatic spending cuts due to go into effect on march 1, next friday. on that date, both military and domestic programs will feel the impact of the...
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Feb 23, 2013
02/13
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analyzes what happens in the economy. now, we have this conversation each year for the last four years at this time. >> kelly: that's right. >> gas prices spiked seasonally and as we get into memorial day, they'll go back down again and encourage people to budget about $4 a gallon for gasoline this year, and by the end of the year, when christmas rolls around, you'll have some extra money for christmas because the average price will be lower than $4. >> that's very encouraging, but give me your best forecast on our overall economy because it's still rather anemic. >> well, we're stuck in this low growth economy and there's just no way out of it. as long as the government continues to artificially hold down the interest rates and try to provide a stimulus for borrowing, that's just not going to work. as we look at a 2% growth economy, that's going to go up and down on the flat line quite a bit and don't expect for wages to increase for this period. there's just no way you can increase wages with a 7% unemployment. however,
analyzes what happens in the economy. now, we have this conversation each year for the last four years at this time. >> kelly: that's right. >> gas prices spiked seasonally and as we get into memorial day, they'll go back down again and encourage people to budget about $4 a gallon for gasoline this year, and by the end of the year, when christmas rolls around, you'll have some extra money for christmas because the average price will be lower than $4. >> that's very...
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the rich are in driving the economy british rumors about always driving the economy what is your money they are using capitalization believe ventures a lot of it is from the rich well that he would have all right a lot of ways to pay x. and x. percent of their money. where does this come from why do you believe that you can just say well they're not paying their fair share because they're using a share is using x. on our comedy five percent they're using our five they're using our educated workforce they're using it which we all paid for our commerce they're using our police you know the aussie at fault if that is fifty five percent or forty five percent thirty eight a half percent others are two to two while you're making one argument about three different things you have taxes eight to raise revenue you have to taxes be to encourage particular types of behavior and i think encouraging does or discourage you baby and i think discouraging the behavior of already money is a good thing back in the fifty's sixty's seventy's eighty's with the top marginal tax rate was over fifty percent se
the rich are in driving the economy british rumors about always driving the economy what is your money they are using capitalization believe ventures a lot of it is from the rich well that he would have all right a lot of ways to pay x. and x. percent of their money. where does this come from why do you believe that you can just say well they're not paying their fair share because they're using a share is using x. on our comedy five percent they're using our five they're using our educated...
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Feb 23, 2013
02/13
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we need a stronger economy and a broader tax base. the chamber has been advocating for immigration reform for years. this year might be the best chance to make it work. we believe immigration reform must have at least four opponent. it must secure the borders. we have made progress, but we have more to do. we must have employment-based visa row grounds that would allow businesses to use and great labor -- immigrant labor. 10,000 people in america retire everyday, seven days a week. we have got to be able to attract people at both ends of the scale. immigration reform must have a reliable, national employee verification system and not a system that is out to punish people. finally, it must provide a path out of the shadows. for the 11 million undocumented workers who are living in the united states. to succeed in a competitive and global economy, we have to remain an open and welcoming society. we have all kinds of committees at the commerce that decide on policies. my mother-in-law came to the united states at 11 years of age to join
we need a stronger economy and a broader tax base. the chamber has been advocating for immigration reform for years. this year might be the best chance to make it work. we believe immigration reform must have at least four opponent. it must secure the borders. we have made progress, but we have more to do. we must have employment-based visa row grounds that would allow businesses to use and great labor -- immigrant labor. 10,000 people in america retire everyday, seven days a week. we have got...
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when demand goes up in the economy, when the economy begins to strengthen, we oftentimes will see gas and oil prices move up as well. so although the economic numbers are still extraordinarily weak, they are up from those rock bottom levels and a lot of analysts saying that's helping put a little bit of a bid in oil prices as well. but you're right, we're not used to seeing oil prices spike this high, this fast. rick what, could be an even more worrisome sign is that although these prices seem so high to us, they've just kept pace with inflation over time. these price now, 3, $4, we consider to be high, this might be the new norm when it comes to gasoline in america. >> rick: that's crazy. the average person can't go and spend 60, 70 bucks to fill up their gas tank once a week or whenever they have to. something's got to give. >> well, we just might see the usage give. oftentimes when we see gas prices go up, consumers respond in not only in buying more fuel efficient cars, but also in driving less. that could be one of the net effects you could see of higher gas prices. it wasn't too
when demand goes up in the economy, when the economy begins to strengthen, we oftentimes will see gas and oil prices move up as well. so although the economic numbers are still extraordinarily weak, they are up from those rock bottom levels and a lot of analysts saying that's helping put a little bit of a bid in oil prices as well. but you're right, we're not used to seeing oil prices spike this high, this fast. rick what, could be an even more worrisome sign is that although these prices seem...
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does the economy have enough kick in it to withstand the sequester? and a big win for activist investor david einhorn in his fight to get apple to share the wealth, with its shareholders. that and more tonight on "n.b.r."! if you get a paycheck, no doubt you have seen it shrink this year. higher payroll taxes have taken 2% out of working americans take home pay. at the same time, gasoline prices have been rising and fast. together, this cuts into the spending power of consumers, and that's bad news for a host of companies, from restaurants to retailers. erika miller reports on how some of these firms are trying to fight back against the pay pinch. >> reporter: virtually every worker in america is taking home 2% less in pay this year because of higher payroll taxes. that's not just bad for consumers, it's also bad for businesses. three out of four households are cutting spending to cope with lower pay. for one out of three households, it means eating out less. consumers are also changing where they dine. >> we are moving from casual dining, down to fas
does the economy have enough kick in it to withstand the sequester? and a big win for activist investor david einhorn in his fight to get apple to share the wealth, with its shareholders. that and more tonight on "n.b.r."! if you get a paycheck, no doubt you have seen it shrink this year. higher payroll taxes have taken 2% out of working americans take home pay. at the same time, gasoline prices have been rising and fast. together, this cuts into the spending power of consumers, and...
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economy ep billion a year . we are already bleeding. >> doesn't the united states walk a fine line given the fact that we borrowed money from chin a. >> that really doesn't give them leverage balse . way the gloible markets work. the chinese since 2008 talked about the nuclear that is selling treasury obligation but they don't do it because it doesn't work. >> this is it a matter of the really first importance for the united states. >> it is a serious issue. gordon chang thank you for your insight. >> thank you, uma. nasa mars drover pulled out a drill and goes to work on the red planetas rock . bringing 3 d technology to a 4,000 mummy. fascinating look when america's news headquarters continues. don't miss this, folkings. stay with us. . for investors like you? tdd#: 1-800-345-2550 schwab bank was built with all e value and convenience tdd#: 1-800-345-2550 investors want. tdd#: 1-800-345-2550 like no atm fees, worldwide. tdd#: 1-800-345-2550 and no nuisance fees. tdd#: 1-800-345-2550 plus deposit ches with mobi
economy ep billion a year . we are already bleeding. >> doesn't the united states walk a fine line given the fact that we borrowed money from chin a. >> that really doesn't give them leverage balse . way the gloible markets work. the chinese since 2008 talked about the nuclear that is selling treasury obligation but they don't do it because it doesn't work. >> this is it a matter of the really first importance for the united states. >> it is a serious issue. gordon chang...
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this is biggest economy in world. we can handle a deficit like this. we'll be fine. g with that logic if the deficit doesn't matter why raise taxes? we don't need revenue, as they call it re-knew, our money, is deaf if its don't matter. we could keep spending. have it both ways. >> bob: it matters at $20 trillion. that's when state-of-the-arts tit starts tomatter. >> andrea: we are at 17. >> bob: it will come back down. this is as low as it was in theizeen hour years. >> dana: that is not the problem. republicans take unpopular position to say they would do something on entitlement reform. it's not a popular thing to say we are going to do means testing, wealthier seep yours pay more for social security or medicaid. it's not a popular position. right thing to do. putting things off for another four years to me is irresponsibly. >> bob: do you think he will allow four years to go by and allow the legacy to be total polarization? >> kimberly: he is not worried that is the case. you will get form of gun control. >> kimberly: different perspective. american crossroads ha
this is biggest economy in world. we can handle a deficit like this. we'll be fine. g with that logic if the deficit doesn't matter why raise taxes? we don't need revenue, as they call it re-knew, our money, is deaf if its don't matter. we could keep spending. have it both ways. >> bob: it matters at $20 trillion. that's when state-of-the-arts tit starts tomatter. >> andrea: we are at 17. >> bob: it will come back down. this is as low as it was in theizeen hour years. >>...
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economy and also its implications not just in the u.k. but elsewhere that quantitative easing may help your banking system but it doesn't really grow new economy was also the most bustling so long for the u.k. is even more deficits and debt leaving the e.u. is way trying to protect the banks the london banks which is number one priority the chairman of course you know in the euro there's a shift less austerity more financial transaction taxes more taxing in the bank system and i think. cameron's these are coming and he's going to try to shield the london thanks from all that i know just a bit later this hour here on our team max kaiser and stacy her but present a rather gloomy way for europeans to escape their growing economic hardship. side by roller coaster of course is a european who's invented this aesthetic death machine and that looks like the solution to the economic crisis across europe so it's banker assisted suicide so this is different than police assisted suicide or people run out into a hail of bullets hoping to get killed be
economy and also its implications not just in the u.k. but elsewhere that quantitative easing may help your banking system but it doesn't really grow new economy was also the most bustling so long for the u.k. is even more deficits and debt leaving the e.u. is way trying to protect the banks the london banks which is number one priority the chairman of course you know in the euro there's a shift less austerity more financial transaction taxes more taxing in the bank system and i think....
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the economy boomed. that's your model. >> but it's the sequester, which means you that can't cut spending smartly. it's just across-the-board random cuts. i'm for cuts. i'm one that will agree that we do have to cut spending. but we've got to do it in a balanced way. we've got to cut spending. i don't think anyone will argue that. we cut spending before in the budget control act. we cut some spending. but we do believe it's got to be done in a balanced way, that we cut spending because the ultimate goal is to have a balanced budget. cut spending and find more revenue, collect it together. >> i knew the r word was coming. >> absolutely. >> i knew the r word was coming. it was coming up here. bob costa, let me just ask you. i'm looking at the late posting on the "new york times" website. democrats press gop to start talks to avert budget crisis. this is with six days to go. but in the democratic plan is the r word, revenues. haven't we dismissed that? is there anything in this report at all? >> i think the
the economy boomed. that's your model. >> but it's the sequester, which means you that can't cut spending smartly. it's just across-the-board random cuts. i'm for cuts. i'm one that will agree that we do have to cut spending. but we've got to do it in a balanced way. we've got to cut spending. i don't think anyone will argue that. we cut spending before in the budget control act. we cut some spending. but we do believe it's got to be done in a balanced way, that we cut spending because...
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but i want to understand how the real economy works." and then i discovered that i needed to re-educate myself. i had to go learn things that i was never assigned to read. >> after harvard? after stanford? and after yale? >> it actually happened while i was there. i was already, there were a few people -- >> they produce heretics. >> yes, they do. >> a few. >> you know, but you know, capitalism -- i like to say to people, capitalism, like all systems, when it comes into being, is born a few hundred years ago in europe and spreads around the world, like other systems before it. it has always produced those who admire and celebrate it and those who are critical of it. i used to say to my students, "if you want to understand the family who lives down the street, suppose there's mama, papa, two children. and one of the children thinks it's the greatest family there ever was, and the other one is quite critical. if you want to understand the family, do you choose only one child to interview, or do you think it might be wise to interview both
but i want to understand how the real economy works." and then i discovered that i needed to re-educate myself. i had to go learn things that i was never assigned to read. >> after harvard? after stanford? and after yale? >> it actually happened while i was there. i was already, there were a few people -- >> they produce heretics. >> yes, they do. >> a few. >> you know, but you know, capitalism -- i like to say to people, capitalism, like all systems,...
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Feb 23, 2013
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japan used to be the most powerful economy in the region but china has grown, a lot of it is due to the help that japan has given it. but now china feels that its day has returned. >> and in fact it surpassed japan just in economic test. >> that's right. and it is now building up a military capable which is still interior to that of japan. and definitely inper-- inferior to that of the united states but they feel now that china can't be pushed aroundment and they want to assert themselves. and so when their territorial interests are being challenged, then they push very hard. the other reason is-- . >> warner: were you talking about japan or china. >> china. >> warner: and what about japan? >> then japan feels that it is on the defensive. that if it does not show kind of firmness and resolve, then it invites further intimidation and bullying on the part of china. so even though the intrendic interests of these islands may be marchial by giving in to chinese intimidation, they feel then that that is kind of rewards that bullying on the part of china. >> warner: there s of course, these u
japan used to be the most powerful economy in the region but china has grown, a lot of it is due to the help that japan has given it. but now china feels that its day has returned. >> and in fact it surpassed japan just in economic test. >> that's right. and it is now building up a military capable which is still interior to that of japan. and definitely inper-- inferior to that of the united states but they feel now that china can't be pushed aroundment and they want to assert...
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economy and yet nothing's being done about it for months now we've heard of how cuts like this could be a death blow to the u.s. military but it goes beyond that so let's take a look at how these cuts will affect your life it will slash some sorry billion dollars in health care services to military families also affected will be the health and human services department they will have to reduce hiv test by four hundred thousand due to funding cuts the t.s.a. will face for a low days so that means security lines could be longer for travelers the food and drug administration will experience two hundred six million dollars in cuts so that could affect regulations on food quality and the list goes on it also affects schools new york schools alone will have to lose one hundred and two point two million dollars in federal aid now to tell me how congress can let us happen i was joined earlier by our total scada he's an advocate advocacy coordinator for the school of americas watch and i first asked him what these cuts do to education and what they mean for our children's future. some of the
economy and yet nothing's being done about it for months now we've heard of how cuts like this could be a death blow to the u.s. military but it goes beyond that so let's take a look at how these cuts will affect your life it will slash some sorry billion dollars in health care services to military families also affected will be the health and human services department they will have to reduce hiv test by four hundred thousand due to funding cuts the t.s.a. will face for a low days so that...
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Feb 23, 2013
02/13
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he believes in community and patrol of schools so yes he believed in the economy. he is not an integration assess that and he said it's up to us, it's our struggle.
he believes in community and patrol of schools so yes he believed in the economy. he is not an integration assess that and he said it's up to us, it's our struggle.
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Feb 23, 2013
02/13
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(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, writing the next chapter for the rx and lexus. this is the pursuit of perfection. decolletage, decollet >>> he was one of the biggest starts to emerge from last summer's olympic games, now, oscar pistorius, also known as "the blade runner" is charged with murdering his girlfriend. his bail hearing was full of drama, from pistorius breaking down emotionally to a detective getting pulled from the case after his own unrelated murder charges came to light. and it all culminated with the judge's ruling. >> the affidavit, and the way that he did, placing it before the court, together with the fact that none of the factors that need to be established have been established, i come to the conclusion that the accused has made a case to be released on bail. >> now, from johannanesburg, where do you think we go from here? how long before the actual trial, for examp
(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, writing the next chapter for the rx and lexus. this is the pursuit of perfection. decolletage, decollet >>> he was one of the biggest starts to emerge from last summer's olympic games, now, oscar pistorius, also known as "the blade runner" is charged with...
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Feb 23, 2013
02/13
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we knew people were weary of the economy. we wanted to see how we fit in and what was going on on the other side. by the time the debt ceiling hit, we had a good sense of the landscape. the debt ceiling, we were kind of galvanized in this cohesion to move forward. >> stuart, what was your assumption of what the primary would be about before the announcement speech? writing all of that -- the public does not realize. you go back to the obama announcement speech. it lays out the entire message of the campaign. you are working on that and the governor is working on that. >> we talked about this a lot. we had a premise that we would not have an announcement speech that you could give the day before the general election. that was our goal. we got that the reagan announcement speech and used as a model. it was one that was successful. it was a model of the speech that president reagan gave the day before. it was in the general election. we always believe that we wanted the primary to be about the economy. mitt romney would be that
we knew people were weary of the economy. we wanted to see how we fit in and what was going on on the other side. by the time the debt ceiling hit, we had a good sense of the landscape. the debt ceiling, we were kind of galvanized in this cohesion to move forward. >> stuart, what was your assumption of what the primary would be about before the announcement speech? writing all of that -- the public does not realize. you go back to the obama announcement speech. it lays out the entire...
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economy and also its implications not just in the u.k. but elsewhere the quantitative easing it may help your banking system but it doesn't really grow the economy results in less lasting so the long run perspective for the u.k. is even more deficits and debt leaving the e.u. is way trying to protect the by. the london banks which is number one priority the chairman of course you know in the euro there's a shift less austerity more financial transaction taxes more taxing in the bank system and i think. cameron sees it coming and he's going to try to shield the london. the u.s. has deployed one hundred troops tunisia assist france with its intervention in neighboring mali president obama says they only that to provide intelligence support this comes after news as defense minister agreed to host a u.s. drone base so far america's involvement in mali has been limited to air lifting french troops meanwhile the military intervention has earned the french president a peace prize from the one cultural organization here asco says francois or not
economy and also its implications not just in the u.k. but elsewhere the quantitative easing it may help your banking system but it doesn't really grow the economy results in less lasting so the long run perspective for the u.k. is even more deficits and debt leaving the e.u. is way trying to protect the by. the london banks which is number one priority the chairman of course you know in the euro there's a shift less austerity more financial transaction taxes more taxing in the bank system and...
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Feb 23, 2013
02/13
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economy as a whole. to say that wal-mart is an example of a larger problem is really not accurate. >> kelly: a movie for them brilliant movie that tapped into peoples income tax returns. what about today. the average american consumer, how are we doing in light of the payroll tax. is our economy still good? >> we're seeing discretionary spending contracting because of that. payroll tax is up. average american family that brings home $40,000 a year is going to see $800 less in discretionary spending. we're seeing gas prices creep up. >> kelly: 50 cents in a month, what does that mean? >> on the other hand we're seeing some bright spots. the stock market is up over 6% year to dated. we're seeing housing recover. we're seeing u.s. manufacturing pick up. so we're seeing a lot of bright spots. some economists have said that when times are tough for walmart it's a positive sign for the rest of economy. >> kelly: why is that? >> because they really attract the value customer. they are known for cheap products,
economy as a whole. to say that wal-mart is an example of a larger problem is really not accurate. >> kelly: a movie for them brilliant movie that tapped into peoples income tax returns. what about today. the average american consumer, how are we doing in light of the payroll tax. is our economy still good? >> we're seeing discretionary spending contracting because of that. payroll tax is up. average american family that brings home $40,000 a year is going to see $800 less in...
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Feb 23, 2013
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this time over a series of w automatic spending cuts due to hammer our economy on march 1. not helping matters is president obama's full blown campaign to pass blame on republicans. tearing into them a new on al sharpton's radio show. >> my sense is that their basic view is that nothing is i important enough to raise taxes on wealthy individuals or corporations. that's the thing that binds their party together at this point. >> dana, from a communications standpoint. >> a good idea to harness all the ammunition after the republicans say they'reth to blame, they're the ones that have the economy at a stand still in this country becausend their inability to act?in >> i think you get more beeset with honey from a communications standpoint and you would be able to accomplish more if you were more civil. as an american, and as a republican, i'm disappointed in the pot and i think wow. like he really doesn't like me. >> i like you. >> i finally realize that he has such disdain for half the country, so i wouldn't have sair it. i wouldn't have done it. i would have said -- i would
this time over a series of w automatic spending cuts due to hammer our economy on march 1. not helping matters is president obama's full blown campaign to pass blame on republicans. tearing into them a new on al sharpton's radio show. >> my sense is that their basic view is that nothing is i important enough to raise taxes on wealthy individuals or corporations. that's the thing that binds their party together at this point. >> dana, from a communications standpoint. >> a good...